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Gold/Mining/Energy : WWS.T World Wide Minerals
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To: tango who wrote (446)5/8/1998 12:14:00 AM
From: Nicholas Rainford  Read Replies (1) of 784
 
My faith in this management goes as far as their checkbooks BUT the backbone of this company is where I place my faith. Dundee Bancorp still runs WWS stock (which is the bottom line). The stock is low for a reason, merger plans (a play done 3 years ago with Euromin merging with Eurogas), private placement (for themselves), time will tell.
Yes it is a large position on a penny stock for an outsider, if I was a day-trader my hair would have already fallen out and I probably would be typing this message with a bunch of plugs in my head (just kidding.Tango). This also a long term investment, a year minimum.
I hold such a large position not because of averaging down, this is a fairly new holding. Buying began slowly Dec (tax loss selling) and ended recently, .31 per share, gross.
Even though I'm fairly new here, I've watched this thread since it's began, kicking myself for not buying into WWS at its creation with the merged companies.
The real promotion should being in the next two months. these boys can promote shag baseball caps if they wanted to.Ned Goodman fly's around in his large private jet (bought last year) and control's over $6 Billion in capital for a reason.

Anyway hold on because lots of people (brokers) will be back on this thread telling you of a pending news releases and hyping the stock.

NICK.
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